CONSTANT DOLLAR Definition

Bookmark and Share

CONSTANT DOLLAR is when the dollar amount is adjusted for inflation.

Learn new Accounting Terms

PEP see PERSONAL EQUITY PLAN.

PRUDENCE CONCEPT, otherwise known as conservatism, says that whenever there are alternative procedures or values, the accountant will choose the one that results in a lower profit, a lower asset value and a higher liability value.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.